The EUR/JPY gave a weak tk cross ( the tk cross was above the kumo) The market has been choppy which means the indicator right now is oscillating. But the markets current condition trend did print a lower low and a lower high. We are currently at a near term resistance level.
Now, the 161.8 is on the daily chart above is lined up with a weekly charts flat kumo bottom. The weekly completed a ichimoku e/nt wave combination. ( a mix of a e wave and a nt wave) Also, price likes to gravitate towards flat kumos. Flat kumos are the equilibrium.